GREY:TBTEF - Post by User
Post by
bshort92on Aug 09, 2012 4:10pm
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Post# 20200267
Debt Loads
Debt Loads Mentioned possible take outs. CLT is on that list. Reason: They own 800,000 acres in the Montney 4th highest land position. Progress is #1 with 1.2 million acres hence why Petronas purchased then sweetened the deal amid a second unidentified suitor making a competing offer. Therefore someone is lurkling to get into the Montney. CLT's debt= $213 million same as PCE's. FEL= $285 million, LEG=$430 million, WCP=$347 million. BXE= $156 million. Intermediates have debt issues but cash flow and production to justify. Hedging is critical. CR has close to $350 million of debt. TBE is set to go to $165 million once the Avalon deals closes.